Ripple-backed Keyrock wins MiCA license to expand regulated crypto services across EU

Keyrock, the Brussels-based crypto investment group backed by SC Ventures and Ripple, has secured a MiCA license, allowing the company to scale its regulated digital asset services across the European Union, according to a Monday statement. The license was obtained through its French subsidiary, Keyrock FR SAS.

According to General Counsel Reza Ghadiri-Zare, MiCA’s harmonized regulatory framework provides the certainty needed for sustainable industry growth while reinforcing confidence among clients, counterparties, and business partners.

“A sustainable digital asset industry relies on the robust and unified regulation MiCA provides. Securing our MiCA license provides regulatory certainty as we scale our services and activities across EU member states,” Ghadiri-Zare said.

The approval reflects the growing demand for compliant infrastructure as Europe’s digital asset market matures. With institutional participation on the rise, the license enables Keyrock to expand its OTC trading, liquidity provision, and digital asset infrastructure offerings throughout the region.

“Achieving a MiCA license not only demonstrates our uncompromising market integrity, but also signals our intent for the future,” Kevin de Patoul, CEO of Keyrock, commented on the milestone. “We’ll continue to drive progress in digital assets, but never at the expense of security or transparency. As we grow, we’ll provide clients with the stability and confidence required in a regulated market.”

Keyrock has reached a $1.1 billion valuation following a major Series C funding round led by SC Ventures, with continued backing from Ripple. The firm plans to use the capital to scale operations, enhance its service offering, and explore acquisitions as it helps bridge traditional finance and the tokenized economy.